Insights

Gold Must Break $1,800

Can Gold Bug Bulls break $1,800 after Fed Chair Jerome Powell announced trimming pandemic policy $15B per month? Now would be a good time to place your bets for the future. The US stock market (S&P 500 and Nasdaq Composite) traded at intraday records despite the FED tapering bond purchases. It would seem the market doesn’t fear a possible interest rate hike, which is quite alarming given the amount of inflation since the beginning of the year.

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